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OK SB341

Bill

Official Source

Status

Passed

5/16/2014

Primary Sponsor

Michael Mazzei

Click for details

Origin

Senate

2014 Regular Session

AI Summary

Senate Bill 341 Summary

  • Amends 68 O.S. 2011, Section 1208 relating to the franchise tax on corporations in Oklahoma.

  • Changes the franchise tax payment deadline from September 1 to September 15 for taxpayers electing to pay tax by July 1.

  • Maintains existing provisions that franchise tax monies collected are transmitted monthly to the State Treasurer for the General Revenue Fund.

  • Declares an emergency, making the act effective immediately upon passage and approval.

Legislative Description

Franchise tax; levy of franchise tax. Effective date. Emergency.

Revenue and Taxation

Last Action

Approved by Governor 05/16/2014

5/16/2014

Committee Referrals

Appropriations and Budget3/19/2013
Finance2/5/2013

Full Bill Text

No bill text available